"The writing's on the wall when they're releasing the ["Goonies"] DVD in such numbers," enthused the fan-favorite actor, who garnered acclaim in such films as "Rudy" and "The Lord of the Rings" and is now appearing in the baseball epic "The Final Season."

According to Feldman, numerous plotlines are floating around, with his favorite involving the children of the original Goonies embarking on an adventure of their own. That idea's a home run for Astin, who says the real-life growth of the actors should factor heavily into a "Goonies 2."

"Steven [Spielberg] and Dick [Donner] and all the powers that be ... they really feel like the thing that made the movie strong was that it was about kids, so they really want to make the next movie about kids...the next generation of Goonies. And they've had a hard time tackling that."

Like Feldman, Astin sees the passing of the torch concept to be a logical progression for the franchise. "I have three children," he said, "and Corey's got a kid now [too]. So as we now all have kids who are coming into the age that we were when we made the movie, it's more likely to me that they'll figure out how to design a story that will satisfy the older audience in terms of connecting with the original 1985 Goonies, and then [also] create this new thing."

While Astin admits it'll be difficult to recapture the magic, he's confident that the "creative lightning" will strike that allows the project to move forward. "I remain as open-minded and willing to participate as I have ever been," he declared.